Ownership

Adam Schefter of ESPN reports the Chiefs are signing Carlos Hyde to a one-year, $2.8 million contract.

Fantasy Impact

Hyde just visited Kansas City this morning so the Chiefs must've known they were highly interested going in. Hyde wasn't all that special with the Browns and Jaguars this past year, and this news is really more about Damien Williams. Signing Hyde means the Chiefs are unlikely to add much more competition for Williams, which gives him the leg up on the starting job entering 2019.

The Jaguars have released RB Carlos Hyde, who was acquired during the 2018 season.

Fantasy Impact

Hyde was brought in as insurance for lead back Leonard Fournette. Hyde started out strong as a fantasy asset in Cleveland, but when it became clear that Nick Chubb was ready the team shipped Hyde to Jacksonville. Hyde's value has plummetted since then, and his landing spot this offseason will ultimately determine his worth in 2019.

Carlos Hyde totaled 13 yards on 10 carries while adding two catches for six yards on three targets Sunday in the Jaguars’ Week 17 loss to the Texans.

Fantasy Impact

Hyde got another opportunity on Sunday with Leonard Fournette out with an injury and had a subpar game running the ball. The veteran running back really struggled this season and finishes with 3.5 yards per run average. Hyde will have a hard time finding a starting running back position in the offseason.